Economics
Neste and New Jersey Natural Gas target reducing greenhouse gas emissions with Neste MY Renewable Diesel
Neste and New Jersey Natural Gas look to reduce greenhouse gas emissions with Neste MY Renewable Diesel.
Cepsa and Evos join up for green methanol storage in Spain and the Netherlands
Spanish energy company Cepsa has signed an agreement with Evos, a liquid energy and chemical storage company with hubs in strategic locations across Europe, to enable the storage of green methanol to be produced by Cepsa at Evos’ storage facilities in Algeciras and Rotterdam.
Russia's Bashneft oil company installs anti-drone nets to protect refineries
Russian oil producer Bashneft has installed anti-drone nets to protect key facilities at its refineries from potential Ukrainian attack, the head of the republic of Bashkortostan where the company is based was quoted as saying.
U.S. EPA to announce temporary expanded sales of higher-ethanol gasoline blend
The U.S. Environmental Protection Agency announced plans to temporarily expand sales of higher-ethanol blends of gasoline this summer, a win for the corn ethanol industry that will likely see demand increase.
Elliott weighs Citgo bid as creditor group eyes Conoco for own offer
Hedge fund Elliott Investment Management is weighing a bid for shares in the parent of oil refiner Citgo Petroleum under a U.S. court-ordered auction, while a group of creditors represented by Centerview Partners aims to lure ConocoPhillips to join another offer.
Lower oil refinery output hits value of Russia's Q1 exports
Lower production at Russian oil refineries was partly to blame for the continued decline in the country's exports in the first quarter of this year.
China's March jet fuel exports jump 77.4% from a year earlier
China's jet fuel exports in March surged to 1.98 MMt, up 77.4% from the previous year, as international flight volumes ramped up.
Nigeria strikes deal with Shell to supply $3.8-B methanol project
Nigeria has struck a deal for Shell to supply gas to its proposed $3.8-B Brass methanol facility, resolving a major hurdle to a final investment decision on the project.
Singapore fuel oil stockpiles rebound to 8-week high on higher imports
Singapore's onshore fuel oil stockpiles rebounded to an eight-week high amid an increase in imports.
Clariant launches new CATOFIN 312 propane dehydrogenation catalyst
Clariant announced the launch of CATOFIN 312, its latest propane dehydrogenation catalyst.
- KBR's phenol technology selected by SABIC Fujian Petrochemicals 4/25
- Honeywell Technology helping to produce SAF with lower cost and waste 4/25
- Nigeria's NNPC partners local firm on new 100,000 bpd refinery 4/25
- Stranded cargo shows credit challenges at Nigeria's Dangote refinery 4/25
- Low U.S. distillate consumption reflects slow economic activity and biofuel substitution 4/25
- Clariant catalysts reduce customers’ footprints by 40 million tons of CO2e in 2023 4/25
